Bianchi & Brandt Co-Founder Laura Bianchi Says [Rescheduling] Would Be Incredible; See Shift On Type Of M&A We Are Dealing With; More Creative Companies Coming Together And Maybe Joint Ventures; Rescheduling Would Assist On Evening The Playing Field; When They First Started Talking About Rescheduling, We Had More Banks And Credit Unions Coming Together And Interest And Actually Servicing The Industry
Portfolio Pulse from Benzinga Newsdesk
Laura Bianchi, Co-Founder of Bianchi & Brandt, discusses the potential impact of rescheduling on mergers and acquisitions (M&A) in the cannabis industry. She anticipates more creative collaborations and joint ventures, as well as increased interest from banks and credit unions in servicing the industry.
October 08, 2024 | 5:02 pm
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POSITIVE IMPACT
The potential rescheduling of cannabis could lead to increased M&A activity and partnerships in the industry, benefiting ETFs like MSOS that focus on cannabis companies.
Rescheduling cannabis is expected to level the playing field, encouraging more banks and credit unions to engage with the industry. This could lead to increased M&A activity and partnerships, which would positively impact ETFs like MSOS that are focused on cannabis companies.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80